Global Food Contact Paper Market 2023-2027
Technavio has been monitoring the food contact paper market and is forecast to grow by $63.99 bn during 2022-2027, accelerating at a CAGR of 9.23% during the forecast period. Our report on the food contact paper market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing sales of food products on e-commerce platforms, growing adoption of sustainable packaging, and growth in the processed food industry.
Technavio's food contact paper market is segmented as below:
By Material
- Kraft paper
- Speciality paper
- Recycled paper
- Others
By Type
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing demand for lightweight materials as one of the prime reasons driving the food contact paper market growth during the next few years. Also, increasing use of recycled fibers and developments in food and beverage packaging will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the food contact paper market covers the following areas:
- Food contact paper market sizing
- Food contact paper market forecast
- Food contact paper market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food contact paper market vendors that include Ahlstrom Munksjo Oyj, Asia Pulp and Paper APP Sinar Mas., Detmold Group, Gascogne Group, Georgia Pacific, Glatfelter Corp., International Paper Co., Maesindo Indonesia Ltd., Malex Paper Products Sdn Bhd, Mondi plc, Nordic Paper AS, Pactiv Evergreen Inc, Papertec Inc., Quick Pack Pacific Co. Ltd., SCG Packaging, Twin Rivers Paper Co., UPM Kymmene Corp., Huhtamaki Oyj, PT Parisindo Pratama, and Smurfit Kappa Group. Also, the food contact paper market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.